EURGBP BUY TRADE PLAN

53
๐Ÿ”น๐Ÿ”ฅ Pair + Date: EUR/GBP โ€“ May 14, 2025

๐Ÿ“‹ Plan Overview Table
Type Direction Confidence R:R Status
Swing Long 80% 1:3.2 โœ… Active

๐Ÿ“ˆ Market Bias & Type
Bias: Bullish Short-Term Reversal
Type: Swing Reversal from H4 Demand & D1 Reaction Zone

๐Ÿ”ฐ Confidence Level: 80%
Breakdown:

HTF Structure Support Zone: โœ…
Bullish Divergence (Micro): โœ…
H1 Double Bottom Structure: โœ…
Volume Spike at Sweep: โณ Pending
H1 Candle Reversal: โœ… (Engulfing Setup Forming)

๐Ÿ“ Entry Zones
Primary Buy Zone: 0.83900 โ€“ 0.84020 (H4 Demand + D1 Wick Base)
Secondary Zone (Low Confidence): 0.83750 (Only if spike sweep happens)

โ— SL with Reasoning
Stop Loss: 0.83590
Below structural low + demand invalidation

๐ŸŽฏ TP Targets
TP1: 0.84550 (Last LH Supply Area)
TP2: 0.84800 (Imbalance Close)
TP3: 0.85180 (Daily Supply + Structure)

๐Ÿง  Management Strategy
Risk: Max 0.5%
Scale-in on H1 Bullish BOS
Breakeven after 0.84300 reclaim

โš ๏ธ Confirmation Checklist
Signal Required Present
H1 Engulfing Candle โœ… โœ…
Sweep of Previous Low โœ… โœ…
Volume Spike โœ… โณ
Frankfurt/LDN Session Tap โœ… โœ…

โณ Validity
Timeframe: H4 Structure
Validity: 48โ€“72h

โŒ Invalidation Conditions
Clean break + close below 0.83590
No confirmation on retest or sweep

๐ŸŒ Fundamental & Sentiment Snapshot
UK GDP & BoE neutral bias, EUR supported by recent stabilization
EURGBP near historical support with decreasing GBP strength
COT: Slight EUR long increase, GBP neutral

๐Ÿ“‹ Final Trade Summary
This is a high-probability swing reversal trade backed by HTF demand zone structure, HTF compression leg exhaustion, and reactive wick formation. Confirmation in progress on H1. Will scale in on BOS & hold toward daily imbalance.

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